2025-04-11T19:03:22-05:00 2024-12-31 330244756 OWENS MOSKOWITZ AND ASSOCIATES INC 27792 EL LAZO LAGUNA NIGUEL CA 92677 990 2024-01-01 953132940 LAKE MISSION VIEJO ASSOCIATION LAKE 9497701313 22555 OLYMPIAD ROAD MISSION VIEJO CA 92692 DIANE HUFSTEDLER VICE PRESIDENT 9497701313 2025-04-11 1 ROBERT A OWENS CPA P01414999 9498515020 2024 2025-03-06 01:10:19Z BILL MOORHEAD 22555 OLYMPIAD ROAD MISSION VIEJO CA 92692 10695879 0 X WWW.LAKEMISSIONVIEJO.ORG X 1976 CA THE SPECIFIC AND PRIMARY PURPOSES OF THE ASSOCIATION ARE TO BRING ABOUT CIVIC BETTERMENT AND SOCIAL IMPROVEMENTS BY PROVIDING COMMUNITY SERVICES AND FACILITIES TO THE RESIDENTS OF THE CITY AND COMMUNITY OF MISSION VIEJO, CALIF.AMONG THE GENERAL PURPOSES IS TO PROMOTE THE COMMON GOOD, HEALTH, SAFETY, AND GENERAL WELFARE OF ALL RESIDENTS WITHIN THE COMMUNITY. THE POPULATION OF THE CITY IS APPROXIMATELY 95,000. NO GRANTS ARE PROVIDED TO OTHERS. THE ASSOCIATION OWNS AND OPERATES LAKE FACILITIES WHICH INCLUDE APPROXIMATELY 124 SURFACE ACRES OF WATER AND 50 ACRES OF LAND, INCLUDING GREENBELTS, SLOPES, BEACH AREAS, PICNIC AREAS, PARKING FACILITIES, BOAT STORAGE FACILITIES, A DOCK, AND A DAM. THE LAKE IS USED FOR SWIMMING, FISHING, AND BOATING. THE BEACHES INCLUDE LARGE SAND AREAS, VOLLEYBALL COURTS, LIFEGUARD STATIONS AND BUOYED SWIMMING AREAS. THE ASSOCIATION SPONSORS A WIDE VARIETY OF COMMUNITY ACTIVITIES. 5 5 196 0 0 0 7848148 8552841 964030 983283 317633 473664 550507 686091 9680318 10695879 0 0 0 0 4153642 4481998 0 0 0 5161533 5147375 9315175 9629373 365143 1066506 12326606 13423591 2551098 2581577 9775508 10842014 SEE STATEMENT O 0 0 8918231 SEE STATEMENT O 8918231 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 22 0 196 0 0 0 0 0 0 0 0 0 0 0 X 5 5 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 CA X THE ORGANIZATION 9497701313 22555 OLYMPIAD ROAD MISSION VIEJO CA 92692 X DIANE HUFSTEDLER PRESIDENT 2.00 X 0 0 0 JOE BOLICH FIRST VP 2.00 X 0 0 0 DALE TARKINGTON SECOND VP 2.00 X 0 0 0 BILL MOORHEAD TREASURER 2.00 X 0 0 0 FRED MELLENBRUCH SECRETARY 2.00 X 0 0 0 SHAWN WARD CONTROLLER 40.00 X 168821 0 0 ANDREW COMEAU GENERAL MANAGER 40.00 X 209587 0 0 378408 0 0 5 0 1 0 PARK WEST LANDSCAPE MANAGEMENT 22421 GILBERTO STE A RSM CA 92688 LANDSCAPING 356153 THE DOCK COMPANY 7171 WARNER AVE STE B456 HUNTINGTON BEACH CA 92647 DOCK REPAIRS 293159 RK DIVERSIFIED ENTERTAINMENT 112 N HARVARD AVE CLAREMONT CA 91711 EVENT PRODUCTION 208534 DUDEK PO BOX 515569 LA CA 90051 WATER PROJECT 200702 SC CONSTRUCTION ENTERPRISES 8215 E FLOWERWOOD AVE ORANGE CA 92869 GUARD HOUSE 148879 5 8552841 8552841 BOAT RENTAL/STORAGE 713990 355815 355815 RECREATION/SALES/CONCERTS 713990 209592 209592 FACILITY USAGE FEES 713990 186393 186393 PASSES/PERMITS 713990 184018 184018 CONTRACT PROGRAMS 713990 47465 47465 983283 473664 473664 OTHER INCOME 531390 686091 686091 686091 10695879 2143038 0 0 X 378408 378408 4103590 4103590 342437 342437 15048 15048 387153 387153 LAKE REFILL/QUALITY MGM 830079 830079 CONCERTS/SPECIAL EVENTS 825299 825299 LANDSCAPE MAINTENANCE 360282 360282 ADMINISTRATIVE 353657 353657 2033420 2033420 9629373 8918231 711142 0 1422733 950302 10651231 12255861 166342 108991 13178 12856 73122 95581 12326606 13423591 461909 523823 2089189 2057754 2551098 2581577 X 69277 -17710 9706231 10859724 9775508 10842014 12326606 13423591 1066506 0 X 0 0 0 1 0 0 0 X 10514056 0 10514056 181823 181823 10695879 9629373 0 9629373 0 9629373 PART X, LINE 2: ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE ASSOCIATION AND RECOGNIZE A TAX LIABILITY IF THE ASSOCIATION HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE IRS. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE ASSOCIATION AND HAS CONCLUDED THAT AS OF DECEMBER 31, 2024, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE ASSOCIATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS IN PROGRESS. THE ASSOCIATION'S MANAGEMENT BELIEVES IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR YEARS PRIOR TO 2020. PART XI, LINE 4B - OTHER ADJUSTMENTS: RESERVE ASSESSMENTS DEFERRED UNDER FASB 606 0 0 0 0 0 0 0 0 0 ANDREW COMEAU GENERAL MANAGER 172284 0 14038 0 23265 0 0 0 0 0 209587 0 0 0 SHAWN WARD CONTROLLER 134405 0 5200 0 29216 0 0 0 0 0 168821 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 UPON PURCHASE OF A HOME WITHIN THE DEVELOPMENT, EACH OWNER BECOMES A MEMBER OF THE ASSOCIATION. FORM 990, PART VI, SECTION A, LINE 7A THE BOARD OF DIRECTORS ARE VOTED UPON BY DELEGATES REPRESENTING THE MEMBERSHIP AT AN ANNUAL MEETING. THE DELEGATES MUST REPRESENT A QUORUM OF 25% OF THE 25,009 VOTING MEMBERS. BOARD MEMBERS SERVE A 2 YEAR TERM AND COME UP FOR ELECTION IN ALTERNATING CYCLES. FORM 990, PART VI, SECTION A, LINE 7B DUES INCREASES IN EXCESS OF THE 20% ALLOWED BY THE DAVIS-STERLING ACT ARE SUBJECT TO THE APPROVAL OF MEMBERSHIP. SPECIAL ASSESSMENTS IN EXCESS OF 5% OF THE BUDGET ARE ALSO SUBJECT TO MEMBERSHIP APPROVAL. FORM 990, PART VI, SECTION B, LINE 11B UPON PREPARATION, THE ASSOCIATION'S BOARD OF DIRECTORS IS PROVIDED WITH A COPY OF FORM 990. AFTER REVIEWING THE RETURN, THE BOARD'S PRESIDENT OR TREASURER SIGNS AS THE BOARD REPRESENTATIVE AND FILES THE RETURN. FORM 990, PART VI, SECTION B, LINE 12C THE ASSOCIATION EMPLOYS AN ADMINISTRATIVE STAFF TO MONITOR BOARD ACTIVITY AND DOCUMENT THE MINUTES OF THE BOARD MEETINGS. THE STAFF PROVIDES THE MEMBERSHIP WITH CANDIDATE INFORMATION IN CONJUNCTION WITH ELECTION MEETINGS. FORM 990, PART VI, SECTION C, LINE 19 UPON PURCHASE OF A HOME WITHIN THE DEVELOPMENT, EACH OWNER RECEIVES A COPY OF THE ASSOCIATION'S GOVERNING DOCUMENTS THROUGH ESCROW. COPIES OF THE CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 24E DOCK REPAIRS: PROGRAM SERVICE EXPENSES 268,514. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 268,514. CONTRACT SERVICES: PROGRAM SERVICE EXPENSES 257,709. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 257,709. WATER IMPROVEMENT PROJECT: PROGRAM SERVICE EXPENSES 213,725. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 213,725. COMPUTER EXPENSES: PROGRAM SERVICE EXPENSES 144,543. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 144,543. PLAYGROUND: PROGRAM SERVICE EXPENSES 136,747. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 136,747. TABLES/BENCHES/FURNITURE: PROGRAM SERVICE EXPENSES 110,591. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 110,591. ELECTRICITY: PROGRAM SERVICE EXPENSES 100,238. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 100,238. WATER: PROGRAM SERVICE EXPENSES 92,342. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 92,342. BOATS/KAYAKS/PADDLES/LEASHES: PROGRAM SERVICE EXPENSES 91,055. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 91,055. GENERAL MAINTENANCE: PROGRAM SERVICE EXPENSES 81,744. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 81,744. WATER MONITORING: PROGRAM SERVICE EXPENSES 79,276. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 79,276. COST OF SALES: PROGRAM SERVICE EXPENSES 52,197. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 52,197. GUARDHOUSE: PROGRAM SERVICE EXPENSES 51,232. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 51,232. TELEPHONE: PROGRAM SERVICE EXPENSES 43,560. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 43,560. STORE FRONT: PROGRAM SERVICE EXPENSES 37,521. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 37,521. POWER BOAT/RENTAL FLEET: PROGRAM SERVICE EXPENSES 34,531. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 34,531. UNIFORM/LAUNDRY: PROGRAM SERVICE EXPENSES 32,585. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 32,585. LAKE CARTS: PROGRAM SERVICE EXPENSES 31,948. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 31,948. STAIRS: PROGRAM SERVICE EXPENSES 29,210. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 29,210. PAINTING: PROGRAM SERVICE EXPENSES 28,840. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 28,840. FENCE: PROGRAM SERVICE EXPENSES 26,437. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 26,437. VEHICLE EXPENSES: PROGRAM SERVICE EXPENSES 24,631. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 24,631. LIFEGUARD FLOATS: PROGRAM SERVICE EXPENSES 22,250. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 22,250. LIFEGUARD SUPPLIES/EQUIPMENT: PROGRAM SERVICE EXPENSES 22,109. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 22,109. MONUMENTS: PROGRAM SERVICE EXPENSES 19,885. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 19,885.